A formal administrative hearing has been set for Thur. April 13, to discuss the proposed purchase of CHA Health, of Lexington, Ky. by Humana Health Plan Inc., of Louisville.
The hearing, which is open to the public, will begin at 9 a.m. EST in the hearing room at the Kentucky Office of Insurance, 215 W. Main St., Frankfort. Visitors will need to sign in at the front desk.
According to Glenn Jennings, KOI executive director, KOI staff will complete an extensive review and analysis of the transaction prior to the hearing.
Issues addressed at the hearing will include the nature of the transaction, qualifications of management and the impact such an acquisition would have on the health insurance market, Jennings said.
Topics Kentucky
Was this article valuable?
Here are more articles you may enjoy.
‘Catastrophic’ Hack Underscores Public Defender Security Gaps
Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s
Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports
Marsh Sues More Former Employees Over ‘Scheme’ to Open Howden US 

